Russia's Lukoil says it plans to sell international assets due to Western sanctions
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imp...
Two freight trains departed from the Chinese cities of Chongqing and Chengdu bound for Europe via Türkiye on the 9 July marking the first direct rail shipment under the new regular freight service along the Middle Corridor, according to the Turkish Ministry of Transport and Infrastructure.
Transport Minister Abdulkadir Uraloğlu described the development as the start of a “new era” in the East–West logistics chain and emphasised Türkiye’s strategic role on this route.
Each train, carrying 2,000 metric tonnes of cargo, has already travelled approximately 3,500 kilometres within China and crossed into Kazakhstan. The route continues through Central Asia and across the Caspian Sea before reaching Türkiye, and then onwards to Europe.
Uraloğlu noted that the agreement enabling this service was signed during the Global Transport Corridors Forum held in Istanbul at the end of June. The deal strengthens Türkiye’s position in the Europe–Asia logistics network.
Over the past 23 years, Türkiye has invested around $300 billion in transport and communication infrastructure. Its railway network has expanded to 13,919 kilometres, including 2,251 kilometres of high-speed rail.
The Minister highlighted plans for 1,000 trains to operate along the Middle Corridor annually, which will bolster Türkiye’s role as an alternative transit hub in regional and global trade.
He added that the Middle Corridor will continue to develop through expanded cooperation with Asian and European countries, especially China, under the broader Development Road initiative.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Uzbek President Shavkat Mirziyoyev has met with U.S. President Donald Trump’s Special Envoy for South and Central Asia, Sergio Gor, to discuss preparations for next week’s planned C5+1 Leaders’ Summit in Washington.
Moldovan President Maia Sandu has warned that Russia is recalibrating its political strategy following recent regional elections and intends to continue interfering in political processes across multiple countries, including Moldova and Armenia, Caliber.Az reported, citing Moldovan media.
Armenia’s foreign minister says the presidents of Azerbaijan and Türkiye have been verbally invited to attend the 8th European Political Community summit due in Yerevan next spring.
Iran's Minister of Road and Urban Development Farzaneh Sadegh has said that Iran and Russia are scheduled to sign a railway agreement next month in Moscow.
Armenian Foreign Minister Ararat Mirzoyan has dismissed debate over who benefits more from recent agreements with Azerbaijan, calling the talks a mutual gain.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment